President Donald Trump announced that, beginning October 1, the U.S. will impose a 100% import tax on pharmaceuticals, a 50% tax on kitchen cabinets and bathroom vanities, a 30% tax on upholstered furniture, and a 25% tax on heavy-duty trucks.

Importing goods from Spain to the USA can be a rewarding business endeavor. However, to navigate this journey successfully, it's crucial to comprehend the intricate world of import taxation. Import tax, also known as customs duty or tariff, is a tax levied by the U.S. government on foreign goods brought into the country.